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The stars get along: IAI advantage in a satellite sale deal to Vietnam

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The stars get along: IAI advantage in a satellite sale deal to Vietnam
IAI is an Airbus company that competes with Thales for a military intelligence satellite to Vietnam. The French government is still trying to divide the cake between the French giants in a deal that, if implemented, would be worth hundreds of millions of dollars

Ami Rohex Dumba | 9/09/2021 Contact author

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Boaz Levy, CEO of IAI. Photo: IAI
The stars get along: IAI advantage in a satellite sale deal to Vietnam
IAI is an Airbus company that competes with Thales for a military intelligence satellite to Vietnam. The French government is still trying to divide the cake between the French giants in a deal that, if implemented, would be worth hundreds of millions of dollars

Ami Rohex Dumba | 9/09/2021 Contact author

sharing

Boaz Levy, CEO of IAI. Photo: IAI
The stars get along: IAI advantage in a satellite sale deal to Vietnam
An Intelligence Online publication claims that Vietnam leader Nguyen Fu Trong, the country's secretary general of the Communist Party, has decided to order a military observation satellite with a resolution of up to 50 cm from the aerospace industry.

The new Prime Minister of Vietnam, Pam Min Qin, who heads the procurement program, discussed the deal over the phone with his colleague Naftali Bennett on July 12. So according to the publication. "Min Qin first visited Israel regarding the July 2019 deal as head of Vietnam's intelligence service," the publication said.



Vietnam's satellite program, known as VNREDSat-2, includes both military and civilian components. Competition for the military contract kicked off in 2018 between Lockheed Martin, IAI and a consortium of the Airbus Group and a Thales subsidiary.

The French government tried to get Airbus to agree to handle the civilian part of the deal, and Thales, in the military. However, Airbus went ahead and offered a military version of the satellite. The proposal did not meet the technological requirements of the Vietnamese government.

"Meanwhile, in 2018 and 2019, influential businesswoman Nguyen Thi Thanh Nhan, chairman of the AIC Group, made contacts between Vietnam and Israel through Chaya Meshel, its representative in Tel Aviv and Singapore. IAI, which has already sold UAV Haron to Hanoi, submitted a bid officially. Although it was technologically inferior to Thales, it received the support of the Israeli government, "the publication writes.

It is worth noting that the deal has not yet been completed and money has not yet been transferred to IAI. If the deal goes through, it's a satellite that is estimated to cost hundreds of millions of dollars.
An Intelligence Online publication claims that Vietnam leader Nguyen Fu Trong, the country's secretary general of the Communist Party, has decided to order a military observation satellite with a resolution of up to 50 cm from the aerospace industry.

The new Prime Minister of Vietnam, Pam Min Qin, who heads the procurement program, discussed the deal over the phone with his colleague Naftali Bennett on July 12. So according to the publication. "Min Qin first visited Israel regarding the July 2019 deal as head of Vietnam's intelligence service," the publication said.



Vietnam's satellite program, known as VNREDSat-2, includes both military and civilian components. Competition for the military contract kicked off in 2018 between Lockheed Martin, IAI and a consortium of the Airbus Group and a Thales subsidiary.

The French government tried to get Airbus to agree to handle the civilian part of the deal, and Thales, in the military. However, Airbus went ahead and offered a military version of the satellite. The proposal did not meet the technological requirements of the Vietnamese government.

"Meanwhile, in 2018 and 2019, influential businesswoman Nguyen Thi Thanh Nhan, chairman of the AIC Group, made contacts between Vietnam and Israel through Chaya Meshel, its representative in Tel Aviv and Singapore. IAI, which has already sold UAV Haron to Hanoi, submitted a bid officially. Although it was technologically inferior to Thales, it received the support of the Israeli government, "the publication writes.

It is worth noting that the deal has not yet been completed and money has not yet been transferred to IAI. If the deal goes through, it's a satellite that is estimated to cost hundreds of millions of dollars.IAI is an Airbus company that competes with Thales for a military intelligence satellite to Vietnam. The French government is still trying to divide the cake between the French giants in a deal that, if implemented, would be worth hundreds of millions of dollars

Ami Rohex Dumba | 9/09/2021 Contact author

sharing

Boaz Levy, CEO of IAI. Photo: IAI

An Intelligence Online publication claims that Vietnam leader Nguyen Fu Trong, the country's secretary general of the Communist Party, has decided to order a military observation satellite with a resolution of up to 50 cm from the aerospace industry.

The new Prime Minister of Vietnam, Pam Min Qin, who heads the procurement program, discussed the deal over the phone with his colleague Naftali Bennett on July 12. So according to the publication. "Min Qin first visited Israel regarding the July 2019 deal as head of Vietnam's intelligence service," the publication said.



Vietnam's satellite program, known as VNREDSat-2, includes both military and civilian components. Competition for the military contract kicked off in 2018 between Lockheed Martin, IAI and a consortium of the Airbus Group and a Thales subsidiary.

The French government tried to get Airbus to agree to handle the civilian part of the deal, and Thales, in the military. However, Airbus went ahead and offered a military version of the satellite. The proposal did not meet the technological requirements of the Vietnamese government.

"Meanwhile, in 2018 and 2019, influential businesswoman Nguyen Thi Thanh Nhan, chairman of the AIC Group, made contacts between Vietnam and Israel through Chaya Meshel, its representative in Tel Aviv and Singapore. IAI, which has already sold UAV Haron to Hanoi, submitted a bid officially. Although it was technologically inferior to Thales, it received the support of the Israeli government, "the publication writes.

It is worth noting that the deal has not yet been completed and money has not yet been transferred to IAI. If the deal goes through, it's a satellite that is estimated to cost hundreds of millions of dollars.
 
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